Philippines BSP warns banks: Cut transfer fees now
The Philippines’ central bank and Malacañang are pushing to reduce digital fund transfer fees, aiming to improve financial…
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Mamerto Tangonan
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Philippines: BSP plans CBDC for government bond settlements
Bangko Sentral ng Pilipinas eyes wholesale CBDC to settle government bonds, supporting tokenized treasury bonds and interbank payments.…
Google Wallet now available in the Philippines
Google Wallet is now available in the Philippines, offering a simpler payment experience that supports digital items like…
Philippines digital payments surpass 2024 targets, BSP says
Digital payments have overtaken cash-based transactions in the Philippines, accounting for 59% of overall transaction value in 2024.…
The Philippines CBDC pilot expected to be completed by end of 2024
Wholesale CBDC Project Agila is on track to be completed by the end of 2024, with the BSP…
Central Bank of the Philippines to Complete Wholesale CBDC Pilot This Year, Hints at Securities Focused Use Case
The Central Bank of the Philippines revealed that it aims to conclude the ongoing wholesale CBDC pilot, Project…